IP Group PLC Transaction in Own Shares

RNS Number : 1135R

IP Group PLC

04 June 2024

 

Transaction in Own Shares

 

IP Group plc (LSE: IPO) ("IP Group" or "the Group"), today announces that Numis Securities Limited (which is trading for these purposes as Deutsche Numis) ("Deutsche Numis"), purchased on behalf of IP Group the number of ordinary shares of 2 pence each on the London Stock Exchange as set out in the table below (the Repurchased Shares) pursuant to the IP Group share buyback programme announced on 18^th December 2023 (the Buyback Programme).

                       

Date of purchase:	04/06/2024
Number of ordinary shares purchased:	66,437
Highest price paid per ordinary share (GBp):	53.00
Lowest price paid per ordinary share (GBp):	52.40
Volume weighted average price paid per ordinary share (GBp):	52.8476

 

The Group will hold the Repurchased Shares in treasury. Following the above transaction, the Group holds 33,831,460 of its ordinary shares in treasury and has 1,063,188,005 ordinary shares in issue (including treasury shares). Therefore, the total number of ordinary shares with voting rights will be 1,029,356,545 which may be used by shareholders as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change to their interest in, IP Group under the FCA's Disclosure Guidance and Transparency Rules.

 

IP Group will make further announcements following the completion of any additional purchases pursuant to the Buyback Programme.

 

In accordance with Article 5(1)(b) of Regulation (EU) No 596/2014 (the Market Abuse Regulation), the schedule below contains detailed information about the purchases made by Deutsche Numis on behalf of IP Group as part of the Buyback Programme.

 

Both aggregate data in respect of the Repurchased Shares as well as the individual purchases are set out below.

 

Aggregate information:

 

Issuer name and ISIN: IP Group plc (ISIN: GB00B128J450)

 

Date of purchases:	04/06/2024
Number of ordinary shares purchased:	66,437
Volume weighted average price (pence):	52.8476

 

Individual transactions:

 

Number of ordinary shares purchased	Transaction price (GBp share)	Time of transaction (UK Time)	Trading venue
6553	53.00	09:36:13	XLON
746	52.50	10:05:32	XLON
4869	52.60	10:07:05	XLON
400	52.90	12:19:55	XLON
6932	53.00	12:52:25	XLON
6120	53.00	12:52:25	XLON
6242	52.80	12:54:01	XLON
6199	52.40	13:54:15	XLON
536	52.90	15:08:43	XLON
3724	52.90	15:08:43	XLON
145	52.90	15:08:43	XLON
594	52.90	15:08:44	XLON
145	52.90	15:08:44	XLON
1906	52.90	15:08:51	XLON
1434	52.90	15:36:22	XLON
446	52.90	15:36:43	XLON
6443	52.80	15:37:34	XLON
397	53.00	16:21:45	XLON
2946	53.00	16:21:45	XLON
1840	53.00	16:21:45	XLON
1645	53.00	16:21:45	XLON
6175	52.90	16:28:34	XLON

 

 

For more information, please contact:
IP Group plc	www.ipgroupplc.com
Liz Vaughan-Adams, Communications	[phone]/[phone]
Portland
Alex Donaldson	[phone]

 

Further information on IP Group is available on our website: www.ipgroupplc.com

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